---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-005226"
form_type: "8-K"
ticker: "ACR"
cik: "0001332551"
company_name: "ACRES Commercial Realty Corp."
filed_at: "2022-02-15T23:59:59+00:00"
generated_at: "2026-06-27T07:53:57.510057+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ACRES Commercial repurchases $39.8M of 4.50% convertible notes due 2022

## Summary
- Repurchased $39.8M aggregate principal of its 4.50% convertible senior notes at par in a private transaction.
- Expected earnings charge of ~$574K ($0.06/share) from extinguishment and deferred cost acceleration.
- After repurchase, $48.2M aggregate principal of the notes remains outstanding.
- Settlement expected within two business days of February 11, 2022.

## SEC filing metadata
- accession: 0001564590-22-005226
- form_type: 8-K
- ticker: ACR
- cik: 0001332551
- company_name: ACRES Commercial Realty Corp.
- filed_at: 2022-02-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1332551/000156459022005226/0001564590-22-005226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1332551/000156459022005226/acr-8k_20220211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-005226
- JSON: https://secwatch.observer/filing/0001564590-22-005226.json
- Plain text: https://secwatch.observer/filing/0001564590-22-005226.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.